Current:Home > MarketsBreakfast is the most important meal of the day. With inflation, it's also expensive. See costs -FundSphere
Breakfast is the most important meal of the day. With inflation, it's also expensive. See costs
View
Date:2025-04-18 22:06:21
Frying up eggs and bacon at home might seem like a frugal move, but as the battle against inflation continues, it will still cost you.
Overall prices rose 3.2% in February compared to this time last year and 0.4% monthly, according to the most recent consumer price index report from the U.S. Bureau of Labor Statistics.
That's down from its 40-year peak at 9.1% in June 2022. While prices of goods like furniture and appliances have come down, services like rent and transportation keep climbing in cost.
Food and energy like gas (yes, that's getting more expensive too), are excluded from the core inflation rates analyzed by policymakers, like the Federal Reserve in determining interest rates.
But grocery bills still have people making hard budget choices. Here is how much breakfast items cost on average in February of this year compared to the recent peak and five years ago, according to the Bureau of Labor of Statistics.
Protect your assets: Best high-yield savings accounts of 2023
See the graphs:After October CPI report, charting how the inflation rate, some prices continue to fall
Ground roast coffee, per pound
- February 2024 - $6.09
- June 2022 - $5.79
- February 2020 - $4.25
(Data unavailable for October 2018 through September 2019)
Sliced bacon, per pound
- February 2024 - $6.56
- June 2022 - $7.40
- February 2019 - $5.50
Eggs (Large, Grade A), per dozen
- February 2024 -$3.00
- June 2022 - $2.71
- February 2019 - $1.56
The price of eggs was at a 20-year high in January 2023, costing $4.82 on average.
White bread, per pound
- February 2024 - $2.01
- June 2022 - $1.69
- February 2019 - $1.28
All purpose white flour, per pound
- February 2024 - $0.56
- June 2022 - $0.50
- February 2019 - $0.44
Whole milk, per gallon
- February 2024 - $3.94
- June 2022 - $4.15
- February 2019 - $2.90
Bananas, per pound
- February 2024 - $0.63
- June 2022 - $0.64
- February 2019 - $0.57
Navel oranges, per pound
- February 2024 - $1.53
- June 2022 - $1.60
- February 2019 - $1.30
Contributing: Paul Davidson, USA TODAY
veryGood! (956)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Megan Rapinoe wants Colin Kaepernick to play flag football in 2028 LA Olympics
- NFL bold predictions: Which players and teams will surprise in Week 2?
- Modern Family’s Julie Bowen Reveals What Her Friendship With Sofia Vergara Is Really Like
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Caitlin Clark, Patrick Mahomes' bland answers evoke Michael Jordan era of athlete activism
- Tom Cruise’s Surprising Paycheck for 2024 Paris Olympics Stunt Revealed
- Retired Oklahoma Catholic bishop Edward Slattery dies at 84
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Linda Ronstadt slams Trump 'hate show' held at namesake music hall
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- State Department diplomatic security officer pleads guilty to storming Capitol
- Tiger Woods undergoes another back surgery, says it 'went smothly'
- Megan Rapinoe wants Colin Kaepernick to play flag football in 2028 LA Olympics
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- China is raising its retirement age, now among the youngest in the world’s major economies
- Cooler weather in Southern California helps in wildfire battle
- No pressure, Mauricio Pochettino. Only thing at stake is soccer's status in United States
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Latest Georgia football player arrested for reckless driving comes two days before SEC opener
'We have to remember': World War I memorials across the US tell stories of service, loss
Lil Wayne feels hurt after being passed over as Super Bowl halftime headliner. The snub ‘broke’ him
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Tyreek Hill's attorney says they'll fight tickets after Miami police pulled Hill over
50,000 gallons of water were used to extinguish fiery Tesla crash on California highway
2 dead, 3 injured in Suffolk, Virginia shooting near bus service station